Canmine Resources (CDN) says it has identified an alteration pipe at its FER copper-zinc property in northern Manitoba that is similar to the pipes found under known volcanogenic orebodies.
In January, 1992, the company plans to test the theory that the two mineralized lenses at FER, A and B, intersect at depth in a fold hinge. Surface evidence suggests that the FER zone has a strike length of 300 metres within a major fold axis.
Three previous holes on the property intersected narrow widths of copper-zinc mineralization, including 3 metres grading 4.8% zinc and 0.86% copper in lens A. Lens B returned a 1.7-metre interval grading 6.8% zinc and 1.16% copper at a vertical depth of 45 metres.
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